Director/PDMR Shareholding

RNS Number : 4664H

Paddy Power Betfair plc

12 March 2018

 

12 March 2018

Paddy Power Betfair plc (the "Company")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Peter Jackson
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Paddy Power Betfair plc
b)	LEI	635400EG4YIJLJMZJ782
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Paddy Power Betfair plc ordinary shares of EUR0.09 each IE00BWT6H894
b)	Nature of the transaction	Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Long Term Incentive Plan ("LTIP"); and Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Restricted Share Plan ("RSP")
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0	27,261 (LTIP)
		£0	9,087 (RSP)
d)	Aggregated information - Aggregated volume - Price	36,348 shares £0
e)	Date of the transaction	2018-12-03
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	LTIP This award will vest on the third anniversary of the date of the grant thereof, subject to meeting the performance conditions and continued employment. Vested LTIP awards then normally remain exercisable until 7 years from grant. RSP This award will vest in three equal tranches in December 2018, 2019 and 2020, subject to continued employment and shall remain exercisable until 7 years from grant.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alex Gersh
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Paddy Power Betfair plc
b)	LEI	635400EG4YIJLJMZJ782
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Paddy Power Betfair plc ordinary shares of EUR0.09 each IE00BWT6H894
b)	Nature of the transaction	Grant of nil value share options over Paddy Power Betfair plc ordinary shares of EUR0.09 each under the Paddy Power Betfair plc 2015 Deferred Share Incentive Plan ("DSIP")
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0	2,039 (DSIP)
d)	Aggregated information - Aggregated volume - Price	2,039 shares £0
e)	Date of the transaction	2018-12-03
f)	Place of the transaction	Outside a trading venue
g)	Additional Information	DSIP This award will normally vest 50% after 1 year and 50% after 2 years from the date of grant, subject to continued employment. Vested DSIP awards then normally remain exercisable until 7 years from grant.

 

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